Why These Energy Stocks Are Losing This Week

6. Battalion Oil Corporation (NYSEAMERICAN:BATL)

Share Price Decline Between Apr. 8 and Apr. 15: 10.95%

Next on our list of Energy Stocks Losing the Most This Week is Battalion Oil Corporation (NYSEAMERICAN:BATL), an independent energy company focused on the acquisition, production, exploration, and development of liquids-rich assets in the Delaware Basin.

Battalion Oil Corporation (NYSEAMERICAN:BATL) had surged by over 27% at the end of March after the company reported encouraging results for its Q4 2024, increasing its average daily net production by 6% YoY to 12,750 barrels of oil equivalent per day. So the recent fall in share price could be due to profit-taking by investors, in addition to industry-specific headwinds and the decline in the global prices of oil.